Archive for June 11th, 2007

Daily Archive
Monday, June 11th, 2007

Gold bullion: avoid or accumulate?

The gold price has experienced a rather precipitous decline of 6,7% since its recent peak of $691,7 on 20 April 2007. This correction is considerably larger that the drop in the prices of commodities in general as well as the increase in the value of the dollar from about the same time. This begs the […]

13 Comments » - Posted in Markets, Money, Investment, Gold, Economy, Finance, Commodities by Prieur du Plessis
Monday, June 11th, 2007

Our house (was our castle and our keep … )

As stated before, the unwinding of the US housing situation has some way to go still before the system rids itself fully of all the excesses accumulated during the multi-year upswing. The following graphs from good friend Martin Barnes, managing editor of BCA Research, vividly illustrate the point.

 

But what about the UK residential property market? […]

No Comments » - Posted in Money, Housing, Finance, Economy by Prieur du Plessis